BUSINESS MANAGEMENT STUDY: Physician Vertical Integration

Posted on June 9, 2022 by Dr. David Edward Marcinko MBA MEd CMP™

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BY HEALTH CAPITAL CONSULTANTS, LLC.

DEFINITION: Vertical integration is an arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different product or service, and the products combine to satisfy a common need.

CITE: https://www.r2library.com/Resource/Title/0826102549

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Study: Vertical Integration Not Financially Beneficial for Physicians


A study released in the December 2021 issue of Health Affairs examined the correlation between hospital/health system ownership of physician practices and physician compensation. While a number of studies have analyzed the “rapidly growing trend” of vertical integration from the hospital/health system perspective, this is the first study to evaluate vertical integration from the physician practice perspective.

This Health Capital Topics article will discuss the study’s findings and potential implications. (Read more…) 

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Filed under: "Doctors Only", Breaking News, Career Development, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance, Managed Care, Practice Management | Tagged: , , , , , | Leave a comment »

The RETURN of Paper Dental Records?

Posted on June 9, 2022 by Dr. David Edward Marcinko MBA MEd CMP™

By Darrell Pruitt DDS

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More reasons to stick with paper if you haven’t yet become paperless, Doc 

“Paying Ransomware Paints Bigger Bullseye on Target’s Back – Ransomware attackers often strike targets twice, regardless of whether the ransom was paid. Paying ransomware attackers doesn’t pay off and often paints a bigger target on a victim’s back. Eighty percent of ransomware victims that paid their attackers were hit a second time by the malware scourge.” – Threatpost, June 8, 2022.

Paying Ransomware Paints Bigger Bullseye on Target’s Back

A dentist can avoid the second ransomware attack by returning to paper … What? Yeah. I said it.

“New ransomware numbers come from a Cybereason’s April ransomware survey of 1,456 cybersecurity professionals. According to the gated report (registration required), victims that were successfully extorted were not only targeted a second time, but frequently data encrypted by criminals later became unusable during the decryption process because of corruption issues.”

OR – one can retire!

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Filed under: "Doctors Only", Career Development, Experts Invited, Glossary Terms, Health Economics, Information Technology, Pruitt's Platform | Tagged: , , , , , | 1 Comment »